There’s really no major industry in the state. They have some agriculture, but it’s nothing to brag about. The military presence in the state helps. So they live mostly off tourism and the old folks who run down at snow-birds.

Outside of Flagstaff, Tucson, and Phoenix...you can generally live off $25k a year easily in the state.

As for wealthy folks living in AZ? It’s nice to visit but there’s not a big segment of wealth in AZ.